Labour party conference

[arcobob]

I think the government had two motives, firstly to save face internationally and secondly to prevent financial transactions and savings from going underground thus defying the push towards a cashless society. The bankers behind the collapse got off very lightly with ill gotten bonuses intact. They were undoubtedly criminals and should have faced trial as individuals complicit in what was clearly reckless disregard for fair practice.

 

[JCMaloney]

I think should have been looked at as a serious proposition at the time probably over a number of years. After all I haven't noticed any bankers who suffered any undue long term hardship from their incompetence and greed.

I think it was Iceland that let 3 go to the wall. Since then they have prosecuted 60 bankers & the ex-pm.

 

[arcobob]

Or folk would spend it locally, employed people by spending it and endless other options. Some might piddle it up the wall and have some nice holidays......... however the feelgood factor would far outweigh "austerity".

I have some sympathy for what you are saying and the feelgood factor is worth a mint but the other side of the coin sees a wrecked financial platform in which people would have no confidence for generations. Did you have deposits in the discredited and failed banks?

 

[arcobob]

I think it was Iceland that let 3 go to the wall. Since then they have prosecuted 60 bankers & the ex-pm.

Many local authorities had deposited public money in Icelandic banks because the rates were super attractive. The moral is "always look a gift horse in the mouth"

 

[Muck Spreader]

I think it was Iceland that let 3 go to the wall. Since then they have prosecuted 60 bankers & the ex-pm.

I don't think they had any choice as the entire country was just about bankrupt, courtesy of said bankers.

 

[Muck Spreader]

Many local authorities had deposited public money in Icelandic banks because the rates were super attractive. The moral is "always look a gift horse in the mouth"

Or beware Icelandic bankers baring gifts.

 

[JCMaloney]

Did you have deposits in the discredited and failed banks?

Personally no but some family were exposed & deeply worried. I`ve always preferred having tangible assets rather than "cash in the bank" the sort of assets that retain a value and can be liquefied easily.

Coins mostly!

 

[willy]

Have to say Leo Vadkar is a total puppet and even looks like one, he thinks he is a statesman when actually he’s being very naive and creating tensions for the sake of his ego. Why oh why do Europe so hate democracy that doesn’t go in their favour.

 

[Ashtree]

Have to say Leo Vadkar is a total puppet and even looks like one, he thinks he is a statesman when actually he’s being very naive and creating tensions for the sake of his ego. Why oh why do Europe so hate democracy that doesn’t go in their favour.

What ..... you expect him or ANY other ROI leader to accept a border?

 

[turbo]

What ..... you expect him or ANY other ROI leader to accept a border?

If the eu wants one you will have to have one

 

[nivilla1982]

No, I expect him to live up to obligations the Irish State signed up to in 1998 under the Belfast Agreement, which implicitly recognised that NI was part of the United Kingdom. Thus a border already exists.

 

[Ashtree]

No, I expect him to live up to obligations the Irish State signed up to in 1998 under the Belfast Agreement, which implicitly recognised that NI was part of the United Kingdom. Thus a border already exists.

Tut, tut. You know I mean and he means and everybody with a modicum of sense we will not accept a hard border. And you know what if that means digging in, so be it.

 

[newjames]

Tut, tut. You know I mean and he means and everybody with a modicum of sense we will not accept a hard border. And you know what if that means digging in, so be it.

Much easier to have a border in the sea between ireland and the rest of the eu

 

[Muck Spreader]

Much easier to have a border in the sea between ireland and the rest of the eu

But why, Ireland isn't leaving? Much better that NI becomes an independent country with it's own rights of self determination rather than being a football in a power politics game.

 

[jendan]

But why, Ireland isn't leaving? Much better that NI becomes an independent country with it's own rights of self determination rather than being a football in a power politics game.

That seems to be the answer surely.Not that i know much of Ireland and their history.The Unionists would probably sh!t themselves.

 

[nivilla1982]

So much for the Belfast Agreement then.

 

[Boohoo]

But why, Ireland isn't leaving? Much better that NI becomes an independent country with it's own rights of self determination rather than being a football in a power politics game.

An independent Northern Ireland? You are having a laugh aren't you? Northern Ireland politicians haven't the maturity to run a devolved assembly never mind make real decisions.

 

[jendan]

An independent Northern Ireland? You are having a laugh aren't you? Northern Ireland politicians haven't the maturity to run a devolved assembly never mind make real decisions.

I thought it would be a too easy and sensible solution.

 

[wanton dwarf]

An independent Northern Ireland? You are having a laugh aren't you? Northern Ireland politicians haven't the maturity to run a devolved assembly never mind make real decisions.

I agree but ..

Financially it's also not feasible and would require the rest of the UK to guarantee existing trade and financial benefits and the ability to use the £.

 

[newjames]

But why, Ireland isn't leaving? Much better that NI becomes an independent country with it's own rights of self determination rather than being a football in a power politics game.

Perhaps they need to ask the NI population, hard border or become part of a united ireland and go with the decision